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Green Moose Industries is analyzing a project with the following cash flows: Year Cash Flow 0 -$1,653,000 1 $375,000 $450,000 2 3 $540,000 $360,000 4
Green Moose Industries is analyzing a project with the following cash flows: Year Cash Flow 0 -$1,653,000 1 $375,000 $450,000 2 3 $540,000 $360,000 4 This project has cash flows. Green Moose Industries's WACC is 7.00%. What is this project's modified internal rate of return (MIRR). O 2.97% O 5.71% O 3.71% O 1.71% Green Moose Industries's managers select projects based only on the MIRR criterion. Should Green Moose Industries's managers accept this independent project?
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